MFA FINANCIAL, INC. — Director's Dealing 2013

Jul 17, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MFA FINANCIAL, INC. (MFA)
CIK: 0001055160
Period of Report: 2013-07-15

Reporting Person: GORIN WILLIAM S (Director, President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-07-15	Common Stock	M	24750	—	Acquired	694133	Direct
2013-07-15	Common Stock	F	13820	$8.13	Disposed	680313	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-07-15	Phantom Shares	$	M	8250	Disposed	2013-07-15	Common Stock (8250)	Direct
2013-07-15	Phantom Shares	$	M	16500	Disposed	2013-07-15	Common Stock (16500)	Direct

Footnotes

F1: Settlement of phantom shares.

F2: Each phantom share is the economic equivalent of one share of common stock of MFA Financial, Inc. Each vested phantom share was settled in one share of common stock of MFA Financial, Inc.

F3: The reported disposition represents the surrender of shares to satisfy tax obligations arising from the settlement of phantom shares.

F4: Settlement of vested portion of time-based phantom shares granted in each of July 2011 and July 2012. Each phantom share is the economic equivalent of one share of MFA Financial, Inc. common stock of MFA Financial, Inc. Each vested phantom share was settled in one share of common stock of MFA Financial, Inc.

F5: Settlement of vested portion of performance-based phantom shares granted in each of July 2011 and July 2012. Each phantom share is the economic equivalent of one share of MFA Financial, Inc. common stock of MFA Financial, Inc. Each vested phantom share was settled in one share of common stock of MFA Financial, Inc.